Silver - $27 going to Zero! Call your boss..beg for job back

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

Re: Silver is now $15 and climbing

Postby silverflake » Fri Mar 04, 2016 12:12 pm

Guys, I owe you an apology. I was planning to buy some silver today after going to scrapyard. I should have told you all yesterday because anytime I decide to buy silver, it's bound to move up. Call it the silverflake spike. Relatively speaking though, it's still mighty cheap in my opinion. Will still buy.

By the way, holy cow did the prices on my scrap go down from last time I went in there. I will have to post in the scrap threads but what a disappointment.

Continue stacking, gang. Please continue stacking.
User avatar
silverflake
Penny Hoarding Member
 
Posts: 927
Joined: Wed Nov 24, 2010 9:49 pm
Location: Virginia

Re: Silver is now $15 and climbing

Postby henrysmedford » Thu Mar 17, 2016 9:48 am

$16.00 now
User avatar
henrysmedford
Super Post Hoarder
 
Posts: 3813
Joined: Sun Oct 10, 2010 11:10 am
Location: Cascadia

Re: Silver is now $15 and climbing

Postby Rodebaugh » Thu Mar 17, 2016 9:49 am

henrysmedford wrote:$16.00 now


:thumbdown: :thumbup: :thumbdown: :thumbup: :thumbdown:

Mixed emotions. :lol:
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: Silver is now $15 and climbing

Postby beauanderos » Thu Mar 17, 2016 10:40 am

Rodebaugh wrote:
henrysmedford wrote:$16.00 now


:thumbdown: :thumbup: :thumbdown: :thumbup: :thumbdown:

Mixed emotions. :lol:

mixed emoticons :o :shock: :o :shock: :o
The Hand of God moves WorldsImage
User avatar
beauanderos
Too Busy Posting to Hoard Anything Else
 
Posts: 9827
Joined: Wed Oct 14, 2009 10:00 am

Re: Silver is now $15 and climbing

Postby Cu Penny Hoarder » Thu Mar 17, 2016 10:55 am

silverflake wrote:Guys, I owe you an apology. I was planning to buy some silver today after going to scrapyard. I should have told you all yesterday because anytime I decide to buy silver, it's bound to move up. Call it the silverflake spike. Relatively speaking though, it's still mighty cheap in my opinion. Will still buy.


Usually the opposite happens for most of people.

Ag has make some impressive gains over the last couple days. I did not expect we'd see a $16 handle again so quickly. It was odd how Au would move up, but Ag would lag a take a day or two to make it's move.

Bo Plony and Cliff High have been predicting big spikes in PMs, especially Ag. Right now it appears they were correct.

I'm not optimistic these recent gains will hold for long, but I hope I'm wrong. The $1280 area on gold has been serious resistance.
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2193
Joined: Tue Sep 06, 2011 8:44 pm

Re: Silver is now $15 and climbing

Postby pennypicker » Thu Mar 17, 2016 2:05 pm

Yesterday the Fed appeared to take near term rate hikes off the table and this continuation of more cheap money has sent the dollar downward and thus pushing gold, silver and oil upward. $16 resistance level for silver seems to be holding for now.
"If I had to pick one player to take the last shot to win the game I would pick Michael Jordan...if I had to pick one player to take the last shot to save my life I would pick Larry Bird"--PAT RILEY, L.A. Lakers Head Coach
User avatar
pennypicker
1000+ Penny Miser Member
 
Posts: 1268
Joined: Sat Nov 27, 2010 11:34 pm
Location: Victorville, CA 92395

Re: Silver is now $15 and climbing

Postby AGgressive Metal » Fri Mar 18, 2016 3:32 pm

At 2014 Silver Summit Bo Plony was calling for silver spike, so I'm calling broken clock on that one, haha

Granted, most of us are long term bullish as well or we would not be stacking unless we were masochistic and/or gamblers
And he that hath lyberte ought to kepe hit wel
For nothyng is better than lyberte
For lyberte shold not be wel sold for alle the gold and syluer of all the world
-Aesop's Fables, Caxton edition 1484

http://stores.ebay.com/commonwealthcurrency
http://www.ebay.com/usr/pdx_metal
User avatar
AGgressive Metal
Realcent Moderator
 
Posts: 5922
Joined: Sat Dec 13, 2008 10:00 am
Location: Portland

Re: Silver is now $15 and climbing

Postby johnbrickner » Fri Mar 18, 2016 3:57 pm

Well, that it's up means my wallet gets a bit tighter, especially now that govmint has raised it's deal for ASEs another buck. Will have to wait for another down turn or look harder for better value deals. Once it hits $20 I'll seriously start thinking about possibly decreasing my lower quality pieces for higher quality. Or maybe not. :lol:
johnbrickner
Post Hoarder
 
Posts: 2674
Joined: Sat Jan 02, 2010 3:00 pm
Location: Upstate NY

Re: Silver is now $15 and climbing

Postby silverflake » Fri Mar 18, 2016 8:51 pm

I keep waiting for a pullback. Am i going to be caught flatfooted? That gold:silver ratio has me salivating. Guess I should take my own advice and just buy when the price goes up. And if it goes down, buy some more.

By the way, read my own previous post on this thread from a couple weeks ago. I typed it wrong, I MEANT to imply that whenever I buy silver IT GOES DOWN. So all you folks have to do is wait for me to announce I have bought silver, wait a little while, then buy on the silverflake dip.

Just clarifying.

PLEASE keep stacking
User avatar
silverflake
Penny Hoarding Member
 
Posts: 927
Joined: Wed Nov 24, 2010 9:49 pm
Location: Virginia

Re: Silver is now $15 and climbing

Postby henrysmedford » Tue Apr 19, 2016 7:28 am

Big jump today!
User avatar
henrysmedford
Super Post Hoarder
 
Posts: 3813
Joined: Sun Oct 10, 2010 11:10 am
Location: Cascadia

Re: Silver is now $15 and climbing

Postby NHsorter » Tue Apr 19, 2016 7:36 am

I did not want to purchase silver for fear of depleting my reserves and not having the funds to pay my tax bill. Now that that pain has passed, AND I WAS ACTUALLY ABLE TO KEEP SOME OF MY PROFIT THIS YEAR FINALLY!!! I am now able to buy a bit of metal. But dang it, look at that jump. I guess the plan now is to wait for a dip. Here's to hoping for a quick dip!! Wish I had done this 2 weeks ago.
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin
User avatar
NHsorter
Super Post Hoarder
 
Posts: 3286
Joined: Mon May 09, 2011 10:39 am
Location: Live Free or Die

Re: Silver is now $17 and trending higher.

Postby silverstacker » Tue Apr 19, 2016 9:24 pm

$17.23 at 9:24 cst wow
“The Bitterness of Poor Quality Lingers Long after the Sweetness of Low Price is forgotten”
User avatar
silverstacker
Penny Hoarding Member
 
Posts: 761
Joined: Mon Jan 06, 2014 8:22 pm

Re: Silver is now $15 and climbing

Postby Copper_Baron » Tue Apr 19, 2016 9:33 pm

NHsorter wrote:I did not want to purchase silver for fear of depleting my reserves and not having the funds to pay my tax bill. Now that that pain has passed, AND I WAS ACTUALLY ABLE TO KEEP SOME OF MY PROFIT THIS YEAR FINALLY!!! I am now able to buy a bit of metal. But dang it, look at that jump. I guess the plan now is to wait for a dip. Here's to hoping for a quick dip!! Wish I had done this 2 weeks ago.



Cmon NH. Get in. Don't want to see a sad post when we start sniffing $20
Copper_Baron
 
Posts: 27
Joined: Fri Sep 30, 2011 9:02 pm

Re: Silver is now $17 and trending higher.

Postby Chief » Tue Apr 19, 2016 11:09 pm

11 months since we've seen $17. Will it stick and go higher?
User avatar
Chief
1000+ Penny Miser Member
 
Posts: 1656
Joined: Thu Mar 31, 2011 11:38 pm
Location: Nebraska

Re: Silver is now $17 and trending higher.

Postby Cu Penny Hoarder » Wed Apr 20, 2016 5:50 am

There will probably be a pullback today or tomorrow.
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2193
Joined: Tue Sep 06, 2011 8:44 pm

Re: Silver is now $17 and trending higher.

Postby beauanderos » Wed Apr 20, 2016 3:24 pm

Cu Penny Hoarder wrote:There will probably be a pullback today or tomorrow.

well... that didn't take long :lol:
The Hand of God moves WorldsImage
User avatar
beauanderos
Too Busy Posting to Hoard Anything Else
 
Posts: 9827
Joined: Wed Oct 14, 2009 10:00 am

Re: Silver is now $17 and trending higher.

Postby pennypicker » Wed Apr 20, 2016 7:47 pm

beauanderos wrote:
Cu Penny Hoarder wrote:There will probably be a pullback today or tomorrow.

well... that didn't take long :lol:

I like pullbacks, smack downs and blondes.....they make life worth living :thumbup:
"If I had to pick one player to take the last shot to win the game I would pick Michael Jordan...if I had to pick one player to take the last shot to save my life I would pick Larry Bird"--PAT RILEY, L.A. Lakers Head Coach
User avatar
pennypicker
1000+ Penny Miser Member
 
Posts: 1268
Joined: Sat Nov 27, 2010 11:34 pm
Location: Victorville, CA 92395

Re: Silver is now $17 and trending higher.

Postby neilgin1 » Thu Apr 21, 2016 4:15 am

Chief wrote:11 months since we've seen $17. Will it stick and go higher?


Chief,
didja notice, the "waiting for the pullback" setting?.....as it's a "given"?

when we do a weekly close over 19?...standby, make a ready deck! $50 will be a speed bump and nothing more.

the lamp is lit, smoke 'em if ya got 'em



User avatar
neilgin1
Post Hoarder
 
Posts: 2549
Joined: Tue Nov 09, 2010 8:59 am

Re: Silver is now $17 and trending higher.

Postby neilgin1 » Fri Apr 22, 2016 4:46 am

Friday 22 April 2016

July Ag 17.22 up 8 cent....they just cant push it down!

oh sure, there will be back and fills, we going to $19. once that happens, tired and weary stackers will be selling, and that selling will just be overwhelmed.....don't do it! think of your kids and grandkids, its headed for $250 a toz...("oh there he goes again!")

just watch.....you don't ramp up M3 from 2 trillion to 4 trillion in paper and electronic fiat in the last 8 years, without someday trashing the currency....its like trying to defeat gravity....a fool's errand.

and ya'll aint fools...my evidence for that statement of fact?....this forum.
User avatar
neilgin1
Post Hoarder
 
Posts: 2549
Joined: Tue Nov 09, 2010 8:59 am

Re: Silver is now $17 and trending higher.

Postby Cu Penny Hoarder » Fri Apr 22, 2016 8:14 am

neilgin1 wrote:
Chief wrote:11 months since we've seen $17. Will it stick and go higher?


Chief,
didja notice, the "waiting for the pullback" setting?.....as it's a "given"?

when we do a weekly close over 19?...standby, make a ready deck! $50 will be a speed bump and nothing more.

the lamp is lit, smoke 'em if ya got 'em



Interesting how they dumped $3 billion dollars in PM contracts and it barely affected the prices. If they had done that in 2011/12 PM prices would've been smashed into oblivion.

IMO, $50 will be significant resistance. Many will sell at that level. TPTB will do absolutely everything in their power to keep it down.

Tough roller-coaster ride ahead. Extreme patience will be required.
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2193
Joined: Tue Sep 06, 2011 8:44 pm

Re: Silver is now $17 and trending higher.

Postby smalltimeopn » Sun Apr 24, 2016 12:25 pm

There is an excellent interview on Greg Hunter's YouTube channel of Bill Holter. It was posted 4/23. I won't link it here but very easy to find by searching for Greg Hunter USA Watchdog.
User avatar
smalltimeopn
Penny Pincher Member
 
Posts: 157
Joined: Tue Jan 12, 2010 7:00 am
Location: SC

Re: Silver is now $17 and trending higher.

Postby Cu Penny Hoarder » Sun Apr 24, 2016 7:58 pm

smalltimeopn wrote:There is an excellent interview on Greg Hunter's YouTube channel of Bill Holter. It was posted 4/23. I won't link it here but very easy to find by searching for Greg Hunter USA Watchdog.

https://www.youtube.com/watch?v=oF8i_hLZb3k
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2193
Joined: Tue Sep 06, 2011 8:44 pm

Re: Silver is now $17 and trending higher.

Postby neilgin1 » Tue Apr 26, 2016 8:34 am

Cu Penny Hoarder wrote:
smalltimeopn wrote:There is an excellent interview on Greg Hunter's YouTube channel of Bill Holter. It was posted 4/23. I won't link it here but very easy to find by searching for Greg Hunter USA Watchdog.

https://www.youtube.com/watch?v=oF8i_hLZb3k



oh my!!! what can one say?....I watched that...its very coherent, stat based, and i'm so bullish $250 a toz Ag is "conservative" to me.....but watch, we hit crazy levels?.....gummit gonna slap a 50% "windfall tax" on all silver sales, at least those that are done in the white market.
User avatar
neilgin1
Post Hoarder
 
Posts: 2549
Joined: Tue Nov 09, 2010 8:59 am

Re: Silver is now $17 and trending higher.

Postby smalltimeopn » Tue Apr 26, 2016 5:56 pm

Bill Holter seems to make a lot of sense to me. The question remains how much longer they keep the fraud going even when it is exposed and in the open. It will be interesting to sit back and watch the fireworks all the while adding to one's position.
User avatar
smalltimeopn
Penny Pincher Member
 
Posts: 157
Joined: Tue Jan 12, 2010 7:00 am
Location: SC

Re: Silver is now $17 and trending higher.

Postby Thogey » Tue Apr 26, 2016 7:32 pm

Silver is going up fast. Kitco needs to re-scale the chart.
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
User avatar
Thogey
Too Busy Posting to Hoard Anything Else
 
Posts: 8504
Joined: Sun Dec 06, 2009 3:00 pm

PreviousNext

Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 15 guests